Post
Topic
Board Bitcoin Discussion
Re: I am meeting with an attorney, have you been damaged by wash trading on binance?
by
blandana
on 22/12/2019, 19:48:41 UTC
~snip
Time wasted through fake trends ruining professional trading.  Wasted time and money through commission on trades that don't work.  Causing terrorism and physical damage including stress from constant harassment in the market.  Getting "hit" by large sells because the buys try to convince you that sells are the enemy.
Since you have the evidence about Binance and their wash trading practices i guess you will be fighting against them in Malta as they are registered in Malta and if you are not residing over there how come you can fight them legally is a big question. The market is not regulated and the risk are known to everyone and if you are trading in an unregulated exchange in your jurisdiction how can you take legal action against them. I like your enthusiasm but i would like to know how you are trying to accomplish that.

People have committed suicide over this.  It's time to stop messing around.
It is like fighting a ghost about something you really cannot do anything until and unless you have a lot of money to fight against the malpractice of the unregulated market and even then it is a sheer waste of time and money. Wait till your country regulates these exchanges and then if you fight against them then you will have a possibility to block the website in your country and that is the best thing you can do.

So...if Honda sells my sister a car and she dies since they're registered in Japan or something (gosh forbid this happens, Honda makes really reliable cars and I haven't heard of an accident from engineering malpractice) I have to fly to a different country and suddenly accept rules that could encourage terrorism?  I'm not sure you're a legal expert.